Gravity Bridge drained of $5.4M in latest cross-chain exploit

An attacker has drained approximately $5.4 million from Gravity Bridge, the cross-chain bridge connecting Ethereum and the Cosmos ecosystem, in what on-chain analysts suspect was a contract key compromise. The theft, which was flagged on May 30 by blockchain security firms PeckShieldAlert and Cyvers, continues a punishing stretch for cross-chain infrastructure. Bridges have repeatedly proven...